![]() ![]() Hiring contributed $556 million in revenue, up 21% year-over-year.Talent Solutions revenue increased 24% year-over-year to $623 million. Total revenue increased 23% year-over-year to $960 million. Mobile continues to grow at more than double the rate of overall member activity, surpassing 60% of all traffic to LinkedIn. Member page views grew 27% in the quarter, yielding 20% year-over-year growth in page views per unique visiting member. Cumulative members grew 18% year-over-year to 467 million, and unique visiting members grew 6% to an average of 106 million members a month. “As we look forward, our combination with Microsoft creates the opportunity for us to dramatically increase the impact and scale with which we deliver value to our members and customers.”ĭuring the quarter, LinkedIn’s platform continued to show strong engagement, powered by investments across mobile, messaging, content and jobs. “In Q3, continued product investments across our platform drove another quarter of strong engagement and financial performance,” said Jeff Weiner, CEO of LinkedIn. Detailed financial information on the quarter will be available within the company's Form 10-Q filing with the SEC. dollar.MOUNTAIN VIEW, Calif., - OctoLinkedIn Corporation (NYSE: LNKD), the world's largest professional network on the Internet, today reported results for the third quarter of 2016. Read moreĪdditions to property and equipment. Unearned Revenue Unearned revenue comprises. Operating expenses increased $5.3 billion. Operating expenses increased $4.2 billion. Operating expenses increased $1.3 billion. Read moreĮxtended disruptions at these suppliers. Seasonality Our revenue fluctuates quarterly. Intelligent Cloud Revenue increased $12.9. Read moreĬash Flows Cash from operations. Gross margin percentage decreased slightly. Productivity and Business Processes revenue. Gross margin percentage decreased driven. Read moreĬommercial Our commercial business primarily. Intelligent Cloud revenue increased driven. Gross margin percentage increased slightly. Read moreĭynamics products and cloud services. Read moreĬritical accounting estimates are those. Windows OEM revenue decreased 25% as elevated channel inventory levels continued to drive additional weakness beyond declining PC demand.ĭevices revenue decreased $1.8 billion. These events or circumstances could include a significant change in the business climate, legal factors, operating performance indicators, competition, or sale or disposition of a significant portion of a reporting unit.Ĭurrent year gross margin, operating income, net income, and diluted EPS were negatively impacted by the Q2 charge, which resulted in decreases of $152 million, $1.2 billion, $946 million, and $0.13, respectively.Įxcluding the impact of the change in accounting estimate, gross margin percentage decreased 3 points driven by sales mix shift to Azure and other cloud services and a decline in Azure and other cloud services. ![]() ![]() Other Inside Microsoft Corp's 10-K Annual Report:Įxcluding the impact of the change in accounting estimate, gross margin percentage decreased 1 point driven by declines in Intelligent Cloud and More Personal Computing, offset in part by sales mix shift between our segments. ![]()
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